"as it seeks to complete a major equity raising for the 100% acquisition of the Puntland rights and to undertake major exploration for both minerals and hydrocarbons in Puntland."
I was hoping for a free carry in the JVs for exploration for hydro-carbons. Wonder how much dilution this Major equity raising will involve and wheteher the JVs have been delayed even further ???
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announcement out, page-8
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